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About Electrophysiology Therapeutic Devices

The EP therapeutic devices constitute nearly half of the global EP devices market. These devices are used for corrective procedures for the abnormal functioning of the heart. EP therapeutic devices such as pacemakers and ablation catheters are used in most diagnosis cases for cardiovascular diseases (CVDs). The ablation catheter is one of the most common EP devices used for cardiac arrhythmia. Based on the product, the market is segmented into ICDs, cardiac pacemakers, cardiac resynchronization therapy (CRT) devices, and ablation catheters.

The analysts forecast the global electrophysiology therapeutic devices market to grow at a CAGR of 9.38% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global electrophysiology therapeutic devices market for 2017-2021. To calculate the market size, the report considers volume and value of the global EP therapeutic devices market.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

The report, Global Electrophysiology Therapeutic Devices Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Boston Scientific

Medtronic

St. Jude Medical

Other prominent vendors

AngioDynamics

Biosense Webster

BIOTRONIK

Cardiac Science

Cook Medical

GE Healthcare

Imricor

LivaNova

Maquet Getinge Group (Atrium Medical)

MicroPortScientific

Vimecon

Market drivers

Increasing incidence of cardiac arrhythmia cases

For a full, detailed list, view the full report

Market challenges

High cost of ablation procedures

For a full, detailed list, view the full report

Market trends

Development of leadless pacemaker

For a full, detailed list, view the full report

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.

Commenting on the report, an analyst from the research team said: “One trend in the market is development of leadless pacemaker. Technological advancements have driven the development of leadless pacemakers. For instance, Nanostim leadless pacemaker developed by St. Jude Medical received the CE mark for the commercial launch in the European market. Leadless pacemakers are developed to reduce the risk of pocket infections, lead dislodgement, fracture or perforation, and extrusion of the pacemaker through the skin.”

According to the report, one driver in the market is increasing incidence of cardiac arrhythmia cases. Cardiac arrhythmia is the abnormal rhythm of the heart or irregular heartbeat resulting due to tachycardia (faster heart beat), bradycardia (slower heartbeat), stroke, or cardiac arrest. Cardiac ablation is used as a corrective measure for treating cardiac arrhythmia. EP therapeutic devices are used to monitor the heart beat and facilitate the treatment of the abnormal heart function. The growing incidence of cardiac arrhythmia and CVD cases is driving the growth of many market segments in the EP devices market such as ECG devices, pacemakers, CRT devices, and ablation catheters.

Further, the report states that one challenge in the market is high cost of ablation procedures. Due to technological advances, new tools and techniques are being used for performing ablation procedures in cardiac patients. 3D electro-anatomical mapping and remote catheter monitoring are commonly used during the cardiac ablation procedure. electrophysiologists use robotic technology during the interventional procedures. The magnetic remote monitoring systems are being used in few developed countries with well-equipped healthcare facilities. This system uses magnetic field for assisting navigation of catheters.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.